Also, +rep to the first person who can post me an amusing picture of an adult diaper fashion show

Well, I'm not really sure what would be considered "amusing" in this context ... but I'll give it a shot:

"A free man must be able to endure it when his fellow men act and live otherwise than he considers proper. He must free himself from the habit, just as soon as something does not please him, of calling for the police." -- Ludwig von Mises, Liberalism (p. 55)

"The evil that a man inflicts on his fellow man injures both - not only the one to whom it is done, but also the one who does it. Nothing corrupts a man so much as being an arm of the law and making men suffer. The lot of the subject is anxiety, a spirit of servility and fawning adulation; but the pharisaical self-righteousness, conceit, and arrogance of the master are no better. [...] The criminal has incurred the penalties of the law, but not the hate and sadism of the judge, the policeman, and the ever lynch-thirsty mob." -- Ludwig von Mises, Liberalism (p. 58) [bold emphasis added]

To those who view an imminent collapse of the US Bond market - take note.

One of the smartest and well spoken humans on this planet doesn't even view Japans bond market collapse as imminent. 2016.

Japan is, structurally, a catastrophe when compared to the US and it's structural issues. The US may be in rough shape but it is in WAY better shape than Japan.

I saw an interview with Kyle Bass (from Oct 2012) stating that he thought the major cracks in the Japanese bond market would surface in 2013 - but COLLAPSE may not occur until 2016. I'm inclined to agree.

Japan/UK/USA - these are HUGE countries, effectively, superpowers...these sort of things take a lot of time to ferment.

Japan is FIRST in the collapse.

When I say collapse...I do not mean just the collapse of an aspect of it's credit markets...I mean the entire way that it is structured as an economy.

Japan will go down BEFORE the US.

Relative to the other sinking ships, the US (it's dollar and bond markets) are likely to sink the LEAST quickly.

To those who view an imminent collapse of the US Bond market - take note.

One of the smartest and well spoken humans on this planet doesn't even view Japans bond market collapse as imminent. 2016.

Japan is, structurally, a catastrophe when compared to the US and it's structural issues. The US may be in rough shape but it is in WAY better shape than Japan.

I saw an interview with Kyle Bass (from Oct 2012) stating that he thought the major cracks in the Japanese bond market would surface in 2013 - but COLLAPSE may not occur until 2016. I'm inclined to agree.

Japan/UK/USA - these are HUGE countries, effectively, superpowers...these sort of things take a lot of time to ferment.

Japan is FIRST in the collapse.

When I say collapse...I do not mean just the collapse of an aspect of it's credit markets...I mean the entire way that it is structured as an economy.

Japan will go down BEFORE the US.

Relative to the other sinking ships, the US (it's dollar and bond markets) are likely to sink the LEAST quickly.

Not sure about that, Japans debt is all internally held where as USA a large portion is external held. They have more control over it than the US. The only thing going for the US is the reserve currency of the world which is quickly being rejected for trade between countries.

More Government = Less Freedom
Communism never disappeared it only changed its name to Social Democrat
Emotion and Logic mix like oil and water

Well the USDJPY has exploded as of recent. By the chart, it looks like this is the biggest move in 5 years. Something could be brewing, especially as prime minister abe has effectively taken over the central bank.

Edit: Holy Crap, Look at how cheap the fx options are? You can purchase put options on yen for next to nothing.

Japan's demographics are AWEFUL. As stated, they now sell more ADULT diapers then child diapers. That is a fact. A very, very destabilizing fact.

These "savers" are now offloading their saved money because they are into retirement and there are now fewer participants entering 1) the socialized security systems 2) the bond/savings market.

Japan cannot hold a candle to the US from a standpoint of long standing viability. And that is saying something as the US appears to be dying of gangrenous infection. Japan CANNOT save it's current structure. It's not impropable, it's impossible.

The US faces IMPROBABLE odds of returning itself to a strong structure (social and economic).

Japans radical restructuring is imminent and unavoidable.

This is not a doomsday prediction, that's not my MO. Merely pointing out that the gravy train is over. A return to a healthy social and economic environment will take a 20-30 year restructuring with the most difficult years beginning NOW.

Originally Posted by seapilot

Not sure about that, Japans debt is all internally held where as USA a large portion is external held. They have more control over it than the US. The only thing going for the US is the reserve currency of the world which is quickly being rejected for trade between countries.

I watched his vid and while I totally disagree with his views - he is right on many levels as to what has happened and may happen in the short term. long-term it's game over once they lose control - but they are still in control and most everything that should have happened - hasn't. wouldn't you agree? guess that's what a die-hard Kensyan looks like.